General Motors executives announced Monday they plan to save $6 billion by the end of 2020 by laying off of up to 14,000 manufacturing and white-collar jobs.
The move includes ending production at five U.S. factories, but the company’s large Spring Hill assembly and engine plants are not among them.
In a statement, GM leaders said plants in Ontario, Michigan, Ohio and Maryland will not have vehicles to manufacture after the end of this year. Those moves could cost 3,600 U.S. and 3,600 Canadian factory workers their jobs. About 8,000 white-collar workers — some of whom are in line for buyouts — also stand to lose their jobs in the coming months. GM also plans to close two plants outside North America next year in addition to a Korean facility already slated for shutdown.
GM’s Spring Hill operations employ more than 3,000 people, about 2,600 of them hourly. The plant turns out the Cadillac XT5 crossover (pictured) and the GMC Acadia SUV and also makes four-cylinder and eight-cylinder engines for other GM sites around the world. The plant — which opened in 1990 as the home of Saturn production — got boosts earlier this year when GM’s leaders asked it to produce a version of the Acadia for the Australia-New Zealand markets and announced the return of a third shift and 700 jobs.
In their announcement of cutbacks Monday, GM CEO Mary Barra and her team said they are looking to generate 75 percent of global sales from five vehicle platforms by the early 2020s — that appears to be good news for Spring Hill — and are intend to “prioritize future vehicle investments in its next-generation battery-electric architectures,” something that may not be as positive in the longer run for the Maury County operation.